Elizabeth Holmes, founder and CEO of Theranos, was convicted of fraud and sentenced to 11 years in jail. Her company claimed to be able to determine health issues from merely a pinprick of blood. She conned many famous, educated people, and the company was valued at hundreds of millions of dollars. Dr. Dennis Tourish is a Professor of Leadership and Organization Studies at the University of Sussex Business School and wrote a journal article on Theranos as an authoritarian corporate cult. Dr. Tourish was himself involved in a left-wing political cult and wrote the book On the Edge: Political Cults on the Right and Left with Tim Wohlforth. In 2023, understanding how corporations can act like authoritarian cults is vital for everyone to understand.
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Cult Conversations: The Influence Continuum with Dr. Steve Hassan